Postmodernism and the 'L' Economy

J.M. here. Don't forget to check out the new video trailer on Amazon.com for 'Chances'.
Watching the CNBC crew puzzle at the new market is extremely entertaining for me. They have become so used to following large trends that a stock market doing what it is supposed to do, interest rates doing what they are supposed to do, and creative destruction proceeding inexorably puzzles them.
We live in a technological age. That may sound trite, but the technology in question, while empowering, is extremely capable, more capable than some people. This is raising the bar and driving the 'L' recovery. As Basil writes in the book in process, 'You can't make a market on the backs of dead people.' The gigantic market driven redistribution of wealth is triggering a significant governmental response of a countering redistribution of wealth. People are the essential element in markets. Robots don't buy cars.
So here we are in the midst of the definably final chapter of the Grand Narrative that is Industrialism, large events driving large responses. And the economy is in 'L' mode. Unless you share the conceptual basis of postmodernism that will confuse you.
So postmodernists watch as trends vanish into normal market operations secure in the knowledge that we are functioning at a high level in a critical and difficult moment.
Sooner or later, the CNBC crew will solve this puzzle and focus on individual stocks on a value basis while factoring in that complex equations drive economies and markets and the ability of any one person to understand what is going on in the world of finance is very limited.
This scenario is extremely amenable to the rise of a rational postmodernism and as sure as the sun rises that will occur.
Do well and be well.
'Chances Basil Brylcreem' on Amazon.com/books